Word: hauls
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...unlike Gucci Group or any other conglomerate, private-equity firms aren't in the investment for the long haul. Brands bought today will undoubtedly be on the market again in five or so years, sold to another private-equity firm or a luxury conglomerate?or they are taken public. "It's a different approach," says William Cody, a professor in retail and marketing at University of Pennsylvania's Wharton School. "Gucci is looking to build a brand to fold into its business. Private equity is looking to build a brand to sell. They always have an exit strategy...
...With two full-time and two part-time employees, he produces stock cards of his own design and wholesales them for $2 apiece (each retails for $4 to $4.50), fills wedding-invitation orders from retailers and does letterpress jobs for other designers. Webster's in it for the long haul. "The final product and the effect are what I'm in love with," he says...
...near their homes. Petrie's new duplex is their prototype for the future: three stories, 2,400 square feet of living space, built up at least 9 feet 4 inches, accommodating a garage that can flood. Priced to sell at $495,000. "We're in it for the long haul," says Petrie. "People see somebody's got the confidence to invest." Construction on the 19 is supposed to start this week...
...flophouses of Khao San Road - and it's still anyone's guess why so many have opened now.[an error occurred while processing this directive] Perhaps the adoption of Thai style in so many boutique hotels and spas in the West has encouraged local operators to welcome long-haul visitors with the same commercially successful combination of elegantly minimalist furnishings and ethnic accents. Or maybe there's a growing realization that boutique hotels, because of their size, are viable entry-level ventures in an industry that often requires daunting amounts of start-up capital. In any case, to identify...
...prior to Katrina, with more than 50,000 people employed either directly or in a support role. "By the end of this calendar year, the numbers will be pretty much where they were before Katrina," boasts Jerry St. P?, head of the Mississippi Gaming Commission. The gaming haul has certainly helped the revival. In January, the three casinos up and running reported astonishing revenues - 65% of what all 12 coast casinos had reported pre-Katrina...